Answer:
$6,259,057.84
Step-by-step explanation:
hello,
compounding continuously means that we have to multiply by
[tex]e^{0.0938*t}[/tex]
t is the number of years
so the account balance in 42 years is
[tex]57,500e^{0.0938*42}=6,259,057.84....\\[/tex]
so it gives
$6,259,057.84
hope this helps
